HCIA - dropped 27 today? Tomorrow's outlook!!! Message Board

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Technology Stocks : HCIA - dropped 27 today? Tomorrow's outlook!!!

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To: blankmind who wrote (174)	3/4/1998 8:09:00 PM
From: hortotech	Read Replies (2) of 226

Al Frank, of the Prudent Speculator newsletter, originally recommended HCIA in the October issue. He said "Next, HCIA Inc, a healthcare information content company that develops and markets clinical and financial decision support systems used by healthcare providers to measure clinical costs and performance, can now be pruchased for less than 25% of its 52-week high price, 76% of book value and eight times cash flow." At the time the stock was at 13.50, and Al said its 3-5 year goal price was 21-28. The stock was also recommended by a major broker, who started coverage with a Strong buy rating. The stock jumped and then slid back. The Yahoo board has rumors of a takeover to account for recent share increase, but these seem perennial with this stock. I am long at 15. Good Luck.

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